Republican Presidential candidate Mitt Romney's campaign Monday confirmed reports of its impressive fundraising haul for June, topping the $100 million mark for the month.
Between the campaign, the Romney Victory fund and money raised for the Republican National Committee, Romney raised $106.1 million in June - marking the second month in a row that the Republican is expected to have outpaced President Barack Obama and the Democratic National Committee.
Of that total, the campaign highlighted that 94 percent of the donations in June were of $250 or less - a measure of the campaign's strength in small donors, who may also be able to be recruited for grassroots campaign efforts.
However, only $22.3 million of the total, or roughly 20 percent, of the total funds came from small donors.
"This month's fundraising is a statement from voters that they want a change of direction in Washington," said Spencer Zwick, the National Finance Chairman of Romney Victory. "Mitt Romney's message of restoring economic security and rebuilding our middle class is clearly resonating across the country."
He added, "In the months to come, these resources will be crucial to highlighting the difference between President Obama's broken promises and Mitt Romney's plan to get America on the right track again."
The campaign also reported a sizable war chest of roughly $160 million in cash on hand.
The fundraising announced by the Romney campaign does not include funds raised or spent by "Super PACs" or other outside organizations that are expected to support Romney against Obama during the election.
Such outside organizations are forbidden from directly coordinating their actions with the campaign but are subject to fewer restrictions on donations and disclosure of donors than the campaign itself.
Those groups are expected to spend tens of millions of dollars in support of Romney, much of which is expected to come in the form of television and radio ads attacking Obama. Similar groups allied to Obama are likewise expected to go on the offensive against Romney.
by RTT Staff Writer
For comments and feedback: editorial@rttnews.com
Political News